HomeMy WebLinkAbout2008-005 CRARESOLUTION N0. CRA 2008-005
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT
AGENCY OF THE CITY OF SANTA ANA APPROVING A
DISPOSITION AND DEVELOPMENT AGREEMENT
BETWEEN THE AGENCY AND ORANGE COUNTY
COMMUNITY HOUSING CORPORATION
BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF SANTA ANA, AS FOLLOWS:
Section 1: The Board of the Community Redevelopment Agency of the City of
Santa Ana hereby finds, determines and declares as follows:
A. The Community Redevelopment Agency of the City of Santa Ana
(hereinafter referred to as the "Agency") is engaged in activities necessary
to execute and implement the Redevelopment Plan for the Merged
Redevelopment Project Areas (the "Redevelopment Plan"), including
strengthening of public-private partnerships to provide more affordable
housing, and particularly to provide decent, safe, sanitary, and affordable
housing to the lower income citizens of the City of Santa Ana.
B. In order to implement the Redevelopment Plan, the Agency has agreed,
subject to the approval of the City Council, to sell certain real property
located at 1006, 1012 and 1015 Logan Street (the Properties) pursuant to
the terms and provisions of a Disposition and Development Agreement
(hereinafter referred to as the "Agreement") between the Agency and
Orange County Community Housing Corporation, a non-profit, public
benefit corporation, which is on file in the office of the Executive Director of
the Agency, in which said real property, is described.
C. Orange County Community Housing Corporation proposes partnering with
general contractor Hope Builders, a subsidiary of Taller San Jose and
Neighborhood Housing Services of Orange County to construct and sell
these homes to qualified households. The term of affordability on each of
the three homes will be for forty-five years.
D. The Agreement contains all of the provisions, terms, conditions and
obligations required by the state and local laws.
E. Orange County Community Housing Corporation possesses the
qualifications and financial resources necessary to acquire and insure
development of the Properties, in accordance with the purpose and
objectives of the Redevelopment Plan.
Resolution No. CRA 2008-005
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F. Pursuant to the provisions of the California Redevelopment Law, the
Agency and the City Council have held a duly noticed joint public hearing on
the proposed sale of the Properties.
Section 2. The Disposition and Development Agreement is hereby approved,
and the Executive Director of the Agency is hereby authorized to execute the Agreement,
with such non-substantive changes as may be approved by Agency's General Counsel.
Section 3. The Executive Director of the Agency is hereby authorized to take all
steps, and to sign all documents and instruments necessary to implement and carry out
the Agreement on behalf of the Agency.
ADOPTED this 18~h day of August, 2008.
APPROVED AS TO FORM:
Joseph W. Fletcher, General Counsel
AYES: Councilmembers: Alvarez, Benavides. Martinez. Pulido
Sarmiento. Tinajero (6)
NOES: Councilmembers: None (0)
ABSTAIN: Councilmembers: None (0)
NOT PRESENT: Councilmembers: Bustamante (1)
Resolution No. CRA 2008-005
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CERTIFICATION OF ATTESTATION AND ORIGINALITY
I, PATRICIA E. HEALY, Secretary of the Agency, do hereby attest to and certify the
attached Resolution No. CRA 2008-005 to be the original resolution adopted by the
Community Redevelopment Agency of the City of Santa Ana on August 18, 2008.
Date: ~'a L' ~~
~_
atricia E. Healy
Secretary
Community Redevelopment Agency
Resolution No. CRA 2008-005
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